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LOMPOC, Calif.—April 4, 2018—A 81,687 SF industrial building on more than eight acres of land located at 1017 West Central Avenue in Lompoc, California was sold for $6.150 million. DenMat, which employs nearly 400 workers and currently occupies the entire property, has also signed a five-year extension for what is the company’s headquarters and major manufacturing operations. Tom Davidson of Lee & Associates Los Olivos, represented the seller, Fagerdala USA – Lompoc, and DenMat in its…

Lompoc, Calif. – March 18, 2018 – Lee & Associates has completed a $3,100,000 sale of 56,560 square-foot two story multi-functional industrial building located at 1641 West Central Avenue in Lompoc. Associate Paul Davies with the Santa Barbara office represented the buyer in the sales transaction. The Industrial Center ground floor features corporate training center with 300 seat auditorium, large banquet hall, kitchen and offices. Back of the building has 30,000 square feet of manufacturing…

Sharif Elseify is a licensed California Real Estate Agent, specializing in Industrial, Retail and Multi-family Brokerage. Sharif joins Lee & Associates as a licensed associate after more than two years of work for the company as an analyst and transaction coordinator. During that time Sharif provided valuable advisory and transaction services for his sales team on a multitude of lease and sale transactions throughout Santa Barbara and San Luis Obispo counties. His work included escrow…

Santa Barbara, Calif. – February 15, 2018 – Lee & Associates has completed a 2,931-square-foot lease of prime restaurant space in Downtown Santa Barbara. Christi Vior with the Santa Barbara office represented the Landlord in the transaction. The restaurant and bar space is located in the heart of downtown Santa Barbara, across from the Paseo Nuevo Shopping Mall, with a patio backing to De La Guerra Plaza. The prime retail space was leased to Bibi Ji Restaurant, owned by chef Jessi…

To certain wine lovers, the thought of planting vineyards and producing wine along California’s Central Coast is hardly an extravagant idea, and it may account for the fact that wineries in these parts seldom change hands. So, what’s it take to get in on the fun? To keep costs down, most people start making wine in leased space or in space shared with another winery and using grapes purchased locally.  Others plant vineyards on leased…

By Geoffery Metz  Retail has gone from big-box real estate, offering everything for everyone, to smaller footprints targeting customers through data-driven marketing. Thanks, Amazon! SANTA BARBARA, CA November 21, 2017 – Clarice Clarke sees a lot of irony in the current retail real estate dynamic. “When Amazon was starting in the book business,” the president of Lee & Associates Central Coast explains, “there were some powerful big-box, category-killer retailers in that space. Amazon came along and…

LOMPOC, Calif.—September 28, 2017—A 25.49-acre land property located at 1040 Drum Canyon was sold for $1,125,000. Senior Associate, Tom Davidson with the Los Olivos office represented the seller in the sale of the 25.49-acre parcels. This prime Santa Rita Hills vineyard is located east of Buellton on Highway 246 and Drum Canyon Road. The sale features two separate parcels, both with flat useable land, ideal for vineyard development. About the Santa Rita Hills AVA THE APPELLATION…

SAN LUIS OBISPO, Calif. – November 1, 2017 – Lee & Associates has completed a 2,500 square-foot lease for the retail spaces located within the Prefumo Creek Commons Shopping Center in San Luis Obispo. Principal, Steve Leider with the Santa Barbar office and Associate,  Jeff Allen with the San Luis Obispo office represented the tenant,  El Pollo Loco in securing their new location. The Shopping Center includes Target, Dick’s Sporting Goods, and Olive Garden and is adjacent to the Irish Mall…

San Luis Obispo, Calif.— October 26, 2017— Lee & Associates – Central Coast, Marty Indvik has completed 6,451 SF industrial lease for the newly constructed stand-alone building.  The building features a 20’ clearance,  70’ x 92’ clear span and an approx. 10,000 SF of fenced yard area. Marty Indvik, Principal with the San Lusi Obispo office represented the Landlord in the transaction.